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Determinants of Economic Growth and the Role of Human Capital in New Growth Models [in Turkish]

Kibritcioglu, Aykut - EconWPA - 2005

This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...

Persistent link: https://www.econbiz.de/10005556042

Growth Dynamics: The Myth of Economic Recovery

Cerra, Valerie; Saxena, Sweta C. - EconWPA - 2005

Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find...

Persistent link: https://www.econbiz.de/10005126155

A PUSH TO GEORGE ( IN ) BUSH

DR.VSR.SUBRAMANIAM - EconWPA - 2005

outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …

Persistent link: https://www.econbiz.de/10005556940

Helping thy neighbour: productivity, welfare and international trade

Nahuis, Niek; Geurts, Ben - EconWPA - 2004

We describe the relation between welfare growth and productivity growth. We argue that differences in productivity and … productivity growth between sectors or countries are irrelevant from a policy perspective. Specialisation is based on the … comparative advantages of countries. Since, by nature, some sectors witness higher productivity growth than others, so do …

Persistent link: https://www.econbiz.de/10005124907

R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models

Hussinger, Katrin - EconWPA - 2004

This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...

Persistent link: https://www.econbiz.de/10005076604

Cyclical Movements in Hours and Effort under Sticky Wages

Chang, Yongsung; Bils, Mark - EconWPA - 2002

We examine the response of a sticky-wage economy to various real and nominal shocks. In addition to variations in hours, we allow for an endogenous response in worker effort per hour. Despite wages being predetermined, the labor market clears through the effort margin. We find that the ability...

Persistent link: https://www.econbiz.de/10005561229

MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT

Dr.VSR.Subramaniam - EconWPA - 2005

infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …

Persistent link: https://www.econbiz.de/10005408439

The contribution of business services to aggregate productivity growth

Kox, Henk L.M. - EconWPA - 2004

industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence …. The business services industry has an important role in the national innovation system and in knowledge spillovers to …

Persistent link: https://www.econbiz.de/10005412877

The role of training and innovation in workplace performance

Laplagne, Patrick; Bensted, Leonie - EconWPA - 2002

which the use of training and/or innovation by a workplace increases the likelihood that is has higher labour productivity … than its competitiors, and experiences high labour productivity growth. …

Persistent link: https://www.econbiz.de/10005556779

To B or Not To B: A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model

Xie, Danyang - EconWPA - 2002

This paper studies the welfare consequences of a government regulation that forces a patented equipment to be supplied by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore reduces activities in the R&D sector. On the other hand, the...

Persistent link: https://www.econbiz.de/10005408261